A fund manager beating 90% of his rivals told us why he actively avoids companies with giant profit margins - and shares 5 stocks he thinks will keep winning for years"Aggregate [third quarter] earnings are coming in 23% better than expected, and sales are beating by 5%, very similar to the results in 2Q," UBS said.steady stream of better than expected economic data
"Overall we expect 3Q earnings to decline by about 15-17% y/y, an improvement from the 32% decline in 2Q," UBS said.
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